Brazil’s Commercial Real Estate Rental and Sales Prices Fall

For March, the top five neighborhoods in Brazil for commercial sale prices were all located within Rio de Janeiro.

By Jack Arnhold, Contributing Reporter

RIO DE JANEIRO, BRAZIL – According to the latest FipeZap Commercial Index, commercial real estate prices in the four Brazilian cities of Rio de Janeiro, São Paulo, Belo Horizonte and Porto Alegre recorded a marginal drop in both the average selling price of -0.06 percent and also in the average rental price of -0.44 percent in March 2018.

Rio de Janeiro remained at the top of the sales ranking, with an average per square meter price of R$10,674 while São Paulo remained at the highest average per square meter rental . . .

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